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Oxford Properties ranked first in Sustainability in North America in the Diversified Retail/Office Category by GRESB survey for the fourth year in a row in 2016. [9] GRESB is an industry-driven organization committed to assessing the ESG performance of real assets globally, including real estate portfolios and infrastructure assets. [10]
The shopping centre was a single storey, enclosed (one of only three enclosed shopping centres in the former City of Toronto), and had approximately 50 tenants. It opened in 1972 and had an area of 21,124 m 2 (227,380 sq ft). [2] In August 2015 the mall was sold to Freed Developments and ELAD Canada.
Rexdale was named after local real estate developer Rex Heslop, who purchased farmland in the area in 1955 for a cost of $110,000, and installed water mains, streets and sewers, as well as houses that listed for sale at either $9,000 or $10,000. The homes sold well, and soon 330 families were living in the development. In 1956, Heslop opened ...
The mall's first tenants included Sears Canada and Eaton's. In February 2016, the mall's owner Cadillac Fairview announced that it had put the Promenade up for sale. [4] As of April 20, 2017, Promenade Shopping Centre was purchased by Promenade General Partner Inc., a business formed by the Serruya family and Liberty Development Corporation.
Opened in 1964, Yorkdale Shopping Centre was the first enclosed, automobile-centred shopping mall opened in Toronto. Toronto has several shopping malls across the city, including five major destination malls that are among the largest and most profitable in Canada. The first enclosed shopping mall in Toronto was the Toronto Arcade in the ...